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Published date : 2010-09-09

GREAT BASIN GOLD UPDATES HOLLISTER MINERAL RESOURCES MEASURED AND INDICATED GOLD EQUIVALENT OUNCES INCREASE BY 14%

September 9, 2010, Vancouver, BC - Great Basin Gold Ltd.

(“Great Basin Gold” or the “Company”), (TSX: GBG; NYSE Amex: GBG; JSE: GBG) announces a revised mineral resource estimate has been completed for the Company’s Hollister Project on the Carlin Trend in Nevada, USA.  At a cut-off grade of 0.25 oz/ton (8.57 g/t Au), the combined measured and indicated mineral resources contain 1.64 million gold equivalent ounces grading 1.305 oz/ton (44.73 g/t Au) for gold and 10.3 oz/ton (355 g/t) for silver, an increase of 14% compared to 1.44 million ounces in 2009.

A further 1.27 million gold equivalent ounces are contained in inferred mineral resources of 1.04 million tons at a grade of 0.59 oz/ton (20.19 g/t) for gold and 13.8 oz/ton (472 g/t) for silver.

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Michael Curlook
IR Manager & Corp.

Development
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